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Remi Securities to hold AGM
Sep 07,2016

Remi Securities announced that the 43rd Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Smart Finsec to hold AGM
Sep 07,2016

Smart Finsec announced that the 21st Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Visesh Infotecnics to hold AGM
Sep 07,2016

Visesh Infotecnics announced that the 27th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Shree Manufacturing Company to hold AGM
Sep 07,2016

Shree Manufacturing Company announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Gemstone Investments to hold AGM
Sep 07,2016

Gemstone Investments announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Remi Elecktrotechnik to hold AGM
Sep 07,2016

Remi Elecktrotechnik announced that the 36th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Terai Tea Co to hold AGM
Sep 07,2016

Terai Tea Co announced that the 43rd Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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KK Fincorp to hold AGM
Sep 07,2016

KK Fincorp announced that the 35th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Remi Edelstahl Tubulars to hold AGM
Sep 07,2016

Remi Edelstahl Tubulars announced that the 45th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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GPT Infraprojects secures new orders
Sep 07,2016

GPT Infraprojects has bagged orders valued at Rs 64 crore. These include order worth Rs 30.5 crore from Indian Railways for manufacture and supply of 1,66,600 nos. broad gauge concrete sleepers and another order worth Rs 33.5 crore from East Coast Railway for construction of major bridges in Sambalpur - Damur section of East Coast Railway.

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Bharat Forge gains after rise in North America Class 8 truck orders
Sep 07,2016

Meanwhile, the BSE Sensex was up 32.04 points, or 0.11%, to 29,010.06.

On BSE, so far 2.16 lakh shares were traded in the counter, compared with average daily volume of 1.19 lakh shares in the past one quarter. The stock hit a high of Rs 907 and a low of Rs 888.90 so far during the day. The stock hit a 52-week high of Rs 1,133.40 on 4 September 2015. The stock hit a 52-week low of Rs 686.80 on 24 June 2016. The stock had outperformed the market over the past 30 days till 6 September 2016, rising 5.54% compared with 2.82% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 13.66% as against Sensexs 7.24% rise.

The large-cap company has equity capital of Rs 46.56 crore. Face value per share is Rs 2.

As per FTR release, preliminary North America Class 8 truck orders increased 34.62% to 14,000 units in August 2016 compared with 10,400 units sold in July 2016.

About 30% of Bharat Forges revenue reportedly comes from North America truck market.

However, the Class 8 order activity for August was the weakest for that month since 2010 and down 35% in August 2016 over August 2015. Class 8 orders for the last twelve months have totaled 206,000 units.

Bharat Forges net profit fell 37.7% to Rs 122.10 crore on 20.2% decline in net sales to Rs 888.76 crore in Q1 June 2016 over Q1 June 2015.

Bharat Forge is the flagship company of Kalyani Group. It is a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including automotive, oil & gas, power, construction & mining, aerospace and rail & marine.

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Petronet LNG tumbles on foreign brokerage downgrade reports
Sep 07,2016

Meanwhile, the S&P BSE Sensex was up 26.36 points or 0.09% at 29,004.38.

On BSE, so far 2.49 lakh shares were traded in the counter as against average daily volume of 73,570 shares in the past one quarter. The stock hit a high of Rs 357.35 and a low of Rs 338.65 so far during the day. The stock had hit a record high of Rs 366.30 yesterday, 6 September 2016. The stock had hit a 52-week low of Rs 169.35 on 28 September 2015. The stock had outperformed the market over the past one month till 6 September 2016, advancing 14.82% compared with 3.2% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 32% as against Sensexs 8.22% rise.

The large-cap company has equity capital of Rs 750 crore. Face value per share is Rs 10.

The foreign brokerage reportedly said the Petronet LNG stock is fully pricing in a big recovery. The brokerage sees low chances of any significant earnings surprise from the company.

Petronet LNGs net profit surged 54.8% to Rs 377.86 crore on 37.9% decline in net sales to Rs 5108.95 crore in Q1 June 2016 over Q1 June 2015. The result was announced on 5 September 2016, during which the stock market was closed on account of Ganesh Chaturthi. The stock had risen 0.91% to settle at Rs 356.40 yesterday, 6 September 2016.

Petronet LNG was formed as a joint venture by the Government of India to import liquified natural gas (LNG) and set up LNG terminals in the country.

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Uflex provides business update
Sep 07,2016

Uflex has launched ESL Aseptic Flexi-Pouch Machine for packaging milk that can extend the shelf life of the product up to 90 days.

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Eros International Media to hold AGM
Sep 07,2016

Eros International Media announced that the 22nd Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Transgene Biotek to hold AGM
Sep 07,2016

Transgene Biotek announced that the 26th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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